August 5, 2014 in Business

P.F. Chang’s identifies stolen data locations

From Wire Reports
 

SCOTTSDALE, Ariz. – P.F. Chang’s is providing more details on its ongoing investigation into a security breach, saying data may have been stolen from certain credit and debit cards used at 33 P.F. Chang’s China Bistro restaurants in the U.S.

P.F. Chang’s confirmed in June that data from credit and debit cards used at its restaurants was stolen. On Monday the company provided a list of locations, including two in Washington, in Bellevue and Lynnwood.

A list of locations can be found at pfchangs.com/security. The company said potentially stolen data includes the card number and may also include the cardholder’s name and/or the card’s expiration date.

AIG will pay $960 million to settle investor claims

NEW YORK – American International Group Inc. said Monday it has agreed to pay $960 million to settle shareholder claims that the company misled investors.

The settlement stems from several class-action lawsuits claiming that AIG executives gave false and misleading information about the insurer’s health, including its exposure to the risky home loans that triggered the mortgage crisis.

Last month, AIG and the plaintiffs accepted a mediator’s proposal to settle the consolidated lawsuits for $960 million in cash, the company said in a filing with the Securities and Exchange Commission.

The deal must still be approved by the court.

SpaceX satellite launch site will be built in Texas

BROWNSVILLE, Texas – Texas and SpaceX have announced that the company will build the first commercial site for orbital launches on the state’s southernmost tip.

The $85 million site at Boca Chica Beach, east of Brownsville, will be used to launch commercial satellites.

California-based SpaceX is expected to create 300 jobs at the site. The company already has a rocket testing facility in McGregor.

LEGO female scientist set sells out on website

A LEGO set titled the “Research Institute” and featuring three females in science is already out of stock on the company’s website.

The 165-piece set showcases a paleontologist, astronomer and chemist. It was developed as part of the LEGO Ideas series, products that are based on consumers’ ideas and voted on.

LEGO expects to be able to ship the next batch of toys to consumers by Aug. 17.

Unlike recent sets targeting girls, such as LEGO’s “Friends” line, the “Research Institute” vignettes are in more traditional Lego colors – not pink and purple.

Once marketed as a gender-neutral toy, LEGOs came under fire in January when a letter written to the company by a 7-year-old girl named Charlotte went viral on the Internet. She criticized the company for creating scenarios where boy LEGOs go work, save people and go on adventures while its girl LEGOs sat at home, shopped or went to the beach.

“I want you to make more LEGO girl people and let them go on adventures and have fun ok!?!” the girl wrote.

LinkedIn agrees to pay $6 million to workers

NEW YORK – Professional networking service LinkedIn has agreed to pay nearly $6 million in unpaid wages and damages to 359 current and former employees, the Labor Department said Monday.

The U.S. Department of Labor said an investigation found LinkedIn Corp. in violation of overtime and record-keeping rules that are part of the federal Fair Labor Standards Act. It said the violations occurred at company branches in California, Illinois, Nebraska and New York.

Mountain View, California-based LinkedIn said in a statement that it was “eager to work closely with the (Labor Department) to quickly and equitably rectify this situation.”


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